Blog - MyPetroCareer

‘Oil refiners adding renewable feedstock to produce cleaner fuels’

*Biofuels production. New Delhi — Oil refiners are increasing their efforts to blend renewable feedstocks such as used cooking oil into their crude refining streams to meet global demand for cleaner fuels. As a result, […]

Trump approves LNG exports, creates energy council

*President Donald Trump signing the executive order repealing the Biden ban on drilling. – To boost US oil, gas– First LNG export approvals since Biden paused them in January, 2024– Trump signs order forming council […]

Kongsberg launches mooring capable solution for offshore construction vessels

Kongsberg Maritime has developed a new mooring capable solution for Offshore Construction Vessels (OSCVs), expanding the capabilities of OSCVs beyond their current scope to include the pre-lay of mooring lines as a natural extension to […]

Energy NL remembers Ocean Ranger tragedy 43 years later

Energy NL joins members of the energy sector and all Newfoundlanders and Labradorians as we remember the tragic loss of 84 crew members of the Ocean Ranger. “Reflecting on the 43rd year since […]

US drillers add oil and gas rigs for third week in a row

*US weekly offshore rig count News wire — U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since December 2023, energy services […]

Russia’s Gazprom Neft says 2024 net profit down 25% to $5.2 billion

News wire — Gazprom Neft, the oil arm of Russian energy giant Gazprom, announced on Friday that its net profit for 2024 was 479.5 billion roubles ($5.22 billion), a decrease of 25.2% year-on-year. The company […]

Russian government to discuss gasoline exports ban next week, sources say

Novak’s office declined to comment. One of the sources said the meeting may take place on Tuesday or Thursday. Last week, news agency TASS reported that the Federal Anti-Monopoly Service may initiate a one-month ban […]

Diamondback in talks to acquire Double Eagle for $5 billion, WSJ reports

According to The Wall Street Journal, Diamondback Energy is reportedly in talks to acquire Double Eagle. Sources familiar with the situation suggest a formal deal announcement could be made in the upcoming days. […]

Sunnen launches all-electric honing machine for oil and gas bore applications

Sunnen Products Company has launched the HTE 1600W Tube Hone, an all-electric precision honing machine specifically designed for the oil and natural gas industry’s demanding small diameter, long bore applications. The HTE 1600W […]

Oil to snap three-week losing streak as trade war fears ease

Brent futures were up 37 cents, or 0.49%, at $75.39 a barrel by 1418 GMT. U.S. West Texas Intermediate (WTI) crude gained 24 cents, or 0.34%, to $71.53. Both contracts were on track for weekly […]